
- USD/CHF loses ground as the US Dollar weakens for the third consecutive session on Wednesday.
- Safe-haven demand for the Swiss Franc rises due to escalating US-China trade tensions.
- Traders await Thursday’s Swiss Unemployment Rate to gain further insight into the labor market.
USD/CHF continues its decline for the second straight day, trading near 0.9030 during European hours on Wednesday. This downturn is primarily driven by a weaker US Dollar (USD), which is undergoing a technical correction.
The US Dollar Index (DXY), which tracks the USD against six major currencies, remains under pressure for the third consecutive session, hovering
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